- 1 hour 48 minutesRWH072: The Making of A Money Master w/ Rob Vinall
In this episode, William Green speaks with Rob Vinall, an English hedge fund manager with a terrific track record. Since launching his Business Owner Fund in 2008, he’s racked up stellar annualized returns of 15.5%. Rob almost never gives interviews but speaks in depth here about the principles & practices that have driven his success in the 20 years since he founded his firm, RV Capital—not least, his habit of betting on CEOs who view their business as their life’s work.
IN THIS EPISODE YOU’LL LEARN:
(00:00:00) Intro
(00:03:54) How Rob Vinall vaulted himself out of humble circumstances
(00:14:26) Why he disliked working at Goldman Sachs
(00:17:12) How he taught himself to invest during the dotcom crash
(00:24:20) How Berkshire Hathaway’s annual meeting changed his life
(00:27:39) How he launched a fund with no staff, no office & no track record
(00:41:22) What he learned from Warren Buffett’s relationship with Ajit Jain
(00:50:19) What qualities Rob looks for in outlier CEOs
(01:01:03) Why he admires Mark Zuckerberg & disagrees with Meta’s critics
(01:03:21) How Rob’s thinking about business moats has evolved
(01:04:47) Why he’s betting a third of his assets on out-of-favor Chinese stocks
(01:20:41) Why today’s momentum-driven market is ideal for long-term investors
(01:32:12) How he survived the most traumatic year of his life
(01:42:07) What drives him after 20 years of investment success
(01:48:54) How to handle being rich without wrecking your kids
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Inquire about William Green’s Richer, Wiser, Happier Masterclass.
- Benjamin Graham’s book, The Intelligent Investor.
- Alice Schroeder’s book, The Snowball.
- William Green’s podcast episode with Chris Begg.
- William Green’s podcast episode with Terry Smith.
- William Green’s book, “Richer, Wiser, Happier” – read the reviews of this book.
- Follow William Green on X.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Get smarter about valuing businesses through The Intrinsic Value Newsletter.
- Follow our official social media accounts: X | LinkedIn | Facebook.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
SPONSORS
Support our free podcast by supporting our sponsors:
References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor’s Podcast Network is not responsible for any claims made by them.
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
20 September 2026, 12:00 am - 1 hour 19 minutesTIP847: Alphabet (GOOGL): The Megacap That Still Might Be Underrated w/ Kyle Grieve & Shawn O’Malley
In today’s episode, Kyle Grieve and Shawn O’Malley revisit Alphabet nearly two years after Shawn’s original pitch, tracing how the company transformed from a cash-rich, buyback-driven business into an aggressive spender on AI infrastructure. They walk through what changed across Search, YouTube, Cloud, and Waymo, and unpack why the market’s fears around AI disrupting Google were largely unfounded. Along the way, they dig into how Alphabet is funding its buildout, what that means for shareholders, and which questions will determine whether this evolved version of the business is actually better.
IN THIS EPISODE YOU’LL LEARN:
(00:00:00) Intro
(00:02:03) Why Shawn’s original Alphabet thesis needed a revisit
(00:05:55) How the AI-kills-search narrative played out in reality
(00:32:00) Why Google Cloud’s margins surprised skeptical investors
(00:45:27) How Waymo went from afterthought to major asset
(00:51:27) How Alphabet’s AI spending flows through its earnings
(01:09:06) What Berkshire Hathaway’s growing stake signals about the company
(01:09:42) Why Alphabet paused buybacks and started raising equity
(01:13:11) Which unresolved questions will define Alphabet’s next few years
(01:19:06) Whether Kyle & Shawn will add to their Alphabet position in the Intrinsic Value Portfolio
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive The Intrinsic Value Mastermind Community.
- Track The Intrinsic Value Portfolio.
- Learn more about how to join us in NYC for our Intrinsic Value Conference.
- Portfolio Review Submit Tool.
- Our original podcast deep-dive on Alphabet.
- Check out our previous Intrinsic Value breakdowns: SpaceX, Microsoft, Meta.
- Follow Kyle on X and LinkedIn.
- Follow Shawn on X and LinkedIn.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Get smarter about valuing businesses through The Intrinsic Value Newsletter.
- Check out The Investor’s Podcast Starter Packs.
- Follow our official social media accounts: X | LinkedIn | Facebook.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS
Support our free podcast by supporting our sponsors:
References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor’s Podcast Network is not responsible for any claims made by them.
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
17 September 2026, 12:00 am - 1 hour 15 minutesTIP846: Stock Picker: How to Live Off Your Portfolio w/ Ian Cassel
In this episode, Stig Brodersen welcomes back Ian Cassel, founder of MicroCapClub and CIO of Intelligent Fanatics Capital Management, to discuss his new book, Stock Picker. They dig into why most microcaps must be sold within 36 months, why Ian never holds a large cash position, and how he arrived at the $2 million that let him live off his portfolio.
IN THIS EPISODE YOU’LL LEARN:
(00:00:00) Intro
(00:12:24) Why Ian's first big win at 16 shaped his risk tolerance for life.
(00:24:48) How Ian arrived at the $2 million he needed to become a full-time private investor, and why the number was about pain tolerance, not expected returns.
(00:26:48) Why there is no such thing as saving when you live off your portfolio, and the safeguards Ian built to survive consistently inconsistent returns.
(00:32:19) Why most microcaps you buy must be sold within 36 months, even the winners, and why the greats had their best returns in their highest-turnover years.
(00:40:56) Why Ian never holds a large cash position, and how a 3 to 5% cash buffer forces him to sell his least convicted idea.
(00:46:09) Whether Ian would take a guaranteed 20% annual return for the rest of his life.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive The Intrinsic Value Mastermind Community.
- Learn more about how to join us in NYC for our Intrinsic Value Conference.
- Ian's new book, Stock Picker.
- Ian's community, MicroCapClub.
- Meet Ian in person at a Planet MicroCap event.
- Follow Ian on X and LinkedIn.
- Listen to our interview with Ian Cassel about the five core skills of stock picking.
- Listen to our interview with Ian Cassel about multi-bagger first principles.
- Listen to our interview with Ian Cassel about finding lightning in a bottle in microcaps.
- Listen to our interview with Ian Cassel about the big world of microcaps.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Get smarter about valuing businesses through The Intrinsic Value Newsletter.
- Check out The Investor’s Podcast Starter Packs.
- Follow our official social media accounts: X | LinkedIn | Facebook.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS
Support our free podcast by supporting our sponsors:
References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor’s Podcast Network is not responsible for any claims made by them.
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
13 September 2026, 12:00 am - 1 hour 9 minutesTIP845: Copart Stock (CPRT): Is Copart Now a Buy? w/ Daniel Mahncke & Shawn O'Malley
Daniel Mahncke and Shawn O’Malley revisit Copart (NASDAQ: CPRT), the online salvage auction giant that turns totaled cars into a global marketplace, connecting insurers with more than a million buyers across 190 countries. Copart owns over 250 salvage yards outright — land that’s increasingly difficult to permit today — and compounded earnings per share at over 20% a year for a decade. But the stock is down more than 40% from its highs, U.S. insurance volumes have fallen for four straight quarters, and its main competitor, IAA, has now outgrown Copart for six straight quarters.
Daniel and Shawn dig into what actually broke. Is the volume decline cyclical, driven by Americans dropping insurance coverage after premiums rose ~50% in three years — or structural, as Progressive becomes America’s largest auto insurer while sending three-quarters of its salvage to IAA? They also cover why founder-era CEO Jay Adair returned after four years away, why Copart just bought back $1.6 billion of its own stock after five years of nothing, and what a rumored acquisition of CCC Intelligent Solutions would mean for a company that has never carried meaningful debt. In the end, Daniel updates his valuation model and decides whether Copart earns its way back into The Intrinsic Value Portfolio.
IN THIS EPISODE YOU’LL LEARN:
(00:00:00) Intro
(00:02:29) What changed since our last episode on Copart
(00:14:22) How Copart’s moat works
(00:23:37) Whether Copart’s moat still exists
(00:26:14) Whether competition actually gained market share
(00:45:28) What new CEO Jay Adair wants to change
(01:03:53) How much Copart stock is actually worth
(01:10:29) Whether CPRT will be added to The Intrinsic Value Portfolio
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive The Intrinsic Value Mastermind Community.
- Track The Intrinsic Value Portfolio.
- Learn more about how to join us in NYC for our Intrinsic Value Conference.
- Portfolio Review Submit Tool.
- Our original deep-dive on Copart.
- Value Investor Club Long Thesis.
- Value Investor Club Short Thesis.
- Check out our previous Intrinsic Value breakdowns: Auto1, Lyft, Exor NV.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Get smarter about valuing businesses through The Intrinsic Value Newsletter.
- Check out The Investor’s Podcast Starter Packs.
- Follow our official social media accounts: X | LinkedIn | Facebook.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS Support our free podcast by supporting our sponsors:
References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor’s Podcast Network is not responsible for any claims made by them.
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
10 September 2026, 12:00 am - 1 hour 6 minutesTIP844: Uber (UBER): The Autonomy Referendum — Is Mr. Market Completely Wrong? w/ Daniel Mahncke & Shawn O’Malley
Shawn O’Malley and Daniel Mahncke revisit Uber (NYSE: UBER), one of the largest holdings in The Intrinsic Value Portfolio, fifteen months after they first pitched it. In that time, Uber’s operating profits have roughly doubled, free cash flow has climbed to about $10 billion a year, gross bookings are compounding around 20% annually, and the board authorized a new $20 billion buyback. And yet the stock is flat, with its multiple of operating profits cut from 55 times down to roughly 22 times.
Shawn and Daniel discuss why the market is pricing Uber as though autonomy ends the story — Waymo raising $16 billion at a $126 billion valuation, roughly the same market cap as all of Uber, and formally ending its exclusive partnerships in Austin and Atlanta. They dig into the more than 20 AV partners Uber has lined up in response, from Nuro and Lucid to Rivian, NVIDIA, Zoox, WeRide, Baidu, and Pony.ai, plus Uber’s $14.8 billion offer for Delivery Hero, the margin inflection driven by advertising, insurance normalization, and Uber One — and whether the market is writing down the entire company for a risk that touches maybe a tenth of its profits.
IN THIS EPISODE YOU’LL LEARN:
(00:00:00) Intro
(00:04:06) Why Uber’s stock is flat while its operating profits have doubled
(00:07:19) How Uber’s operating margins swung 55 percentage points in under six years
(00:08:40) Why advertising, Uber One, and insurance reform keep pushing margins higher
(00:28:49) What Waymo ending its exclusive deals in Austin and Atlanta really means
(00:41:17) How much of Uber’s profits are genuinely exposed to robotaxis
(00:50:29) Why Uber is racing to sign more than 20 autonomous vehicle partners
(00:58:04) What Uber’s $14.8 billion offer for Delivery Hero actually buys it
(01:06:39) Why Shawn and Daniel are happy to keep owning Uber
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive The Intrinsic Value Mastermind Community.
- Track The Intrinsic Value Portfolio.
- Learn more about how to join us in NYC for our Intrinsic Value Conference.
- Portfolio Review Submit Tool.
- Our original podcast deep-dive on Uber.
- Lewistown Capital’s Ride or Die: The Self-Driving S-Curve.
- Uber’s acquisition offer for Delivery Hero.
- Uber & Rivian’s robotaxi partnership for up to 50,000 vehicles.
- NVIDIA’s plan to launch robotaxis on Uber across 28 cities.
- Uber’s investor relations site.
- Waymo’s $16 billion funding round.
- Check out our previous Intrinsic Value breakdowns: Grab Holdings, Lyft, DoorDash.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Get smarter about valuing businesses through The Intrinsic Value Newsletter.
- Check out The Investor’s Podcast Starter Packs.
- Follow our official social media accounts: X | LinkedIn | Facebook.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS Support our free podcast by supporting our sponsors:
References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor’s Podcast Network is not responsible for any claims made by them.
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
6 September 2026, 12:00 am - 1 hour 30 minutesTIP843: AppLovin (APP): The 30-Bagger Down More Than Half w/ Kyle Grieve & Shawn O'Malley
In today’s episode, Kyle Grieve and Shawn O’Malley break down AppLovin, the mobile advertising platform that went from a failed app recommendation tool to one of the most profitable businesses in ad tech. They walk through how the company makes money on both sides of the ad exchange, why its data advantage has been so hard for competitors to copy, and what caused the market to turn on the stock so violently after a relatively strong quarter. Along the way, they dig into the founder’s track record, the buyback program that made early shareholders rich, and whether the growth story still has room to run.
IN THIS EPISODE YOU’LL LEARN:
(00:00:00) Intro
(00:03:11) How a failed app became a global advertising platform
(00:11:52) How AppLovin makes money from advertisers and publishers
(00:16:48) Why real-time auctions beat the old waterfall method
(00:30:24) What actually protects AppLovin from Google and Meta
(00:31:06) Why AppLovin bought mobile game studios, then sold them
(00:57:42) How buybacks created enormous value
(01:08:50) Details on the executive comp structure
(01:13:59) What we think triggered the post-earnings collapse
(01:19:14) Where the next leg of growth could come from
(01:28:39) Valuation discussion of AppLovin
(01:30:05) Intrinsic Value of AppLovin
(01:30:26) Whether Kyle & Shawn will add AppLovin to the Intrinsic Value Portfolio
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive The Intrinsic Value Mastermind Community.
- Track The Intrinsic Value Portfolio.
- Learn more about how to join us in NYC for our Intrinsic Value Conference.
- Portfolio Review Submit Tool.
- Check out our previous Intrinsic Value breakdowns: Alphabet, Meta, Reddit, Trade Desk, Uber.
- Follow Kyle on X and LinkedIn.
- Follow Shawn on X and LinkedIn.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Get smarter about valuing businesses through The Intrinsic Value Newsletter.
- Check out The Investor’s Podcast Starter Packs.
- Follow our official social media accounts: X | LinkedIn | Facebook.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS
Support our free podcast by supporting our sponsors:
References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor’s Podcast Network is not responsible for any claims made by them.
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
3 September 2026, 12:00 am - 1 hour 19 minutesTIP842: Comfort Systems USA (FIX): The Five-Bagger We Passed On w/ Kyle Grieve & Shawn O'Malley
In today's episode, Kyle Grieve and Shawn O’Malley revisit Comfort Systems USA, a business Shawn originally passed on at $320 that has since appreciated fivefold due to explosive data center spending. The company shattered original projections, with accelerating organic growth, expanding margins, and exceptional capital efficiency. Despite acknowledging the business quality, the hosts discussed whether the original decision reflected a flawed investment process or was the natural outcome of applying a strict investment framework.
IN THIS EPISODE YOU’LL LEARN:
(00:00:00) Intro (00:09:16) How AI data center spending transformed a boring contractor into a multi-bagger (00:21:28) How to use the backlog to be directionally correct about the company’s future (00:31:10) About the tailwinds behind their organic growth (00:44:49) Why surety bonding capacity creates a widening competitive advantage (00:57:32) About how the return on incremental invested capital has improved (01:10:28) About their exceptional incentive plan (01:13:18) Why are we uncertain about Comfort’s high growth metrics 5-10 years from now (01:17:26) Valuation discussion of Comfort Systems (01:20:35) Whether Kyle & Shawn will add Comfort Systems to the Intrinsic Value Portfolio
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive The Intrinsic Value Mastermind Community.
- Track The Intrinsic Value Portfolio.
- Learn more about how to join us in NYC for our Intrinsic Value Conference.
- Portfolio Review Submit Tool.
- Follow Kyle on X and LinkedIn.
- Follow Shawn on X and LinkedIn.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Get smarter about valuing businesses through The Intrinsic Value Newsletter.
- Check out The Investor’s Podcast Starter Packs.
- Follow our official social media accounts: X | LinkedIn | Facebook.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS
Support our free podcast by supporting our sponsors:
References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor’s Podcast Network is not responsible for any claims made by them.
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
30 August 2026, 12:00 am - 1 hour 14 minutesTIP841: Palantir – Palantir is Cheaper than I Thought! w/ Daniel Mahncke & Shawn O’Malley
Daniel Mahncke and Shawn O’Malley take a deep dive into Palantir (NASDAQ: PLTR), the data and AI platform behind everything from battlefield targeting systems to Airbus’s A350 production line, with customers including the U.S. Army, the NHS, Ferrari, and Airbus. Palantir is growing revenue at over 90%, with net dollar retention at 157% and adjusted operating margins above 60% — a Rule of 40 score of 155%, roughly double what the best software companies in the world achieve. It also trades at around 60 times sales, which is why The Economist called it possibly the most overvalued firm of all time.
Daniel and Shawn discuss whether the ontology layer is a sustainable moat now that Microsoft and Google have launched competing products, what Alex Karp and Peter Thiel’s politics mean for a company selling to Western governments, and why twenty years of losses turned into the fastest-accelerating software business on the market. In the end, Daniel values the business and decides whether PLTR deserves a spot in The Intrinsic Value Portfolio.
IN THIS EPISODE YOU’LL LEARN:
(00:00:00) Intro (00:02:29) How Palantir’s Ontology actually works (00:16:26) How AI turned around Palantir’s business (00:20:59) Why Palantir has the best margins in the industry (00:34:22) Why no one seems to be able to copy Palantir’s Ontology (00:38:01) How Palantir grows its customer base (01:07:36) Palantir's valuation discussion (01:11:37) How much Palantir stock is actually worth (01:12:52) Whether PLTR will be added to The Intrinsic Value Portfolio
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive The Intrinsic Value Mastermind Community.
- Track The Intrinsic Value Portfolio.
- Learn more about how to join us in NYC for our Intrinsic Value Conference.
- Portfolio Review Submit Tool.
- Satish Terala’s AI Masterclass.
- Future Investing’s Interview with a Palantir FDE.
- Check out our previous Intrinsic Value breakdowns: Constellation Software, Dell, Alphabet, Constellation Software Spinoffs.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Get smarter about valuing businesses through The Intrinsic Value Newsletter.
- Check out The Investor’s Podcast Starter Packs.
- Follow our official social media accounts: X | LinkedIn | Facebook.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS Support our free podcast by supporting our sponsors:
References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor’s Podcast Network is not responsible for any claims made by them.
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
27 August 2026, 12:00 am - 1 hour 19 minutesTIP840: CATL: Powering EVs, Power Grids, and AI w/ Stig Brodersen, Manish Karira & Ralph Summerford
In today’s episode, Stig Brodersen is joined by Manish Karira and Ralph Summerford for a bull and bear debate on CATL, the world’s largest battery maker. Manish presents the bull case, arguing that a company most listeners have never heard of is becoming the backbone of the global energy infrastructure, powering EVs, stabilizing power grids, and feeding AI data centers. Ralph, a forensic accountant, presents the bear case, digging into price deflation, geopolitical risk, and whether CATL’s US licensing model is capital-light growth or a defensive retreat.
IN THIS EPISODE YOU’LL LEARN: (00:00:00) Intro (00:02:58) Why Manish is bullish on CATL, the world’s largest battery maker with 40% global market share and a founder-led culture of relentless R&D. (00:14:43) Why energy storage for AI data centers and the LRS licensing model in the US are two growth engines the market may not have fully priced in. (00:30:59) The bear case for CATL, including price deflation, a temporary margin windfall, the unwinding of its interest-free supplier float, and key-man risk. (00:58:28) How battery swapping and leasing could transform CATL from selling a battery once to owning the asset for its entire lifetime. (01:03:09) How to think about CATL’s valuation at 18 times operating profit, its 150+ strategic stakes including DeepSeek, and why the Hong Kong shares trade at a premium to the mainland listing.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive The Intrinsic Value Mastermind Community.
- Stig Brodersen’s Portfolio and Track Record.
- Meet Ralph at our Intrinsic Value Conference in NYC on September 19.
- Connect with Ralph on LinkedIn or send him an email at [email protected].
- Contact Manish Karira on LinkedIn.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Get smarter about valuing businesses through The Intrinsic Value Newsletter.
- Check out The Investor’s Podcast Starter Packs.
- Follow our official social media accounts: X | LinkedIn | Facebook.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS
Support our free podcast by supporting our sponsors:
References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor’s Podcast Network is not responsible for any claims made by them.
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
23 August 2026, 12:00 am - 1 hour 15 minutesTIP839: Domino's Pizza (DPZ): Is the Royalty Engine Still Running? w/ Kyle Grieve & Shawn O’Malley
In today's episode, Kyle Grieve and Shawn O’Malley analyze Domino's Pizza, the world’s biggest pizza franchisor built on a royalty-driven, asset-light business model. They walk through Domino's shift toward franchising and away from Company-owned stores, and what that means for the company's future revenue mix and cash generation. Along the way, they dig into whether Domino's royalty engine can keep running at the pace investors have come to expect.
IN THIS EPISODE YOU’LL LEARN: (00:00:00) Intro (00:02:55) Reviewing the Domino's royalty engine thesis (00:15:26) Why Domino's has moved away from Company-owned stores (00:29:19) The role of royalties versus supply chain revenue in Domino's earnings (00:36:21) How Domino's utilizes a fortressing strategy and its effect on store growth (00:44:18) The competitive landscape in delivery, carryout, and aggregator platforms (00:46:29) How the franchise model keeps Domino's asset-light and cash-generative (00:55:47) Domino's capital allocation and approach to share buybacks (01:03:44) International franchising and Domino's global store growth (01:05:25) Risks facing Domino's from labor costs, competition, and changing consumer habits (01:13:19) Valuation discussion of Domino's (01:14:31) Intrinsic value of Domino's (01:15:52) Whether Kyle & Shawn will add Domino's to the Intrinsic Value Portfolio
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive The Intrinsic Value Mastermind Community.
- Track The Intrinsic Value Portfolio.
- Learn more about how to join us in NYC for our Intrinsic Value Conference.
- Portfolio Review Submit Tool.
- Check out our previous Intrinsic Value breakdowns: Uber, Grab, Coupang.
- Buy yourself a copy of The Domino’s Story.
- Follow Kyle on X and LinkedIn.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Get smarter about valuing businesses through The Intrinsic Value Newsletter.
- Check out The Investor’s Podcast Starter Packs.
- Follow our official social media accounts: X | LinkedIn | Facebook.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS
Support our free podcast by supporting our sponsors:
References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor’s Podcast Network is not responsible for any claims made by them.
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
20 August 2026, 12:00 am - 1 hour 27 minutesTIP838: Google, Reddit, Amazon – Are Our Biggest Winners Still a Buy? w/ Daniel Mahncke & Shawn O’Malley
After looking at companies that tanked in recent months in the last episode, Daniel Mahncke and Shawn O’Malley now take a look at the best-performing stocks of the pitches of the last two years. Google, Amazon, and Reddit are companies that generated great returns for the Intrinsic Value Portfolio, but there were also companies on the watchlist that turned into multibaggers in the past year.
Daniel and Shawn discuss the patterns of the stocks that gained most in value, what one can learn from that, and how they think about selling and holding positions that went up past their fair value estimate.
IN THIS EPISODE YOU’LL LEARN:
(00:00:00) Intro (00:03:51) About Google’s stock rise and valuation (00:15:32) How the massive capex changes the Mag7 (00:29:08) Why Amazon might be more attractive than Google (00:40:48) Why Daniel and Shawn decided to sell some Reddit (01:03:07) Why Remitly wasn’t added to the Portfolio (01:11:57) How TSMC, Dell, and Comfort Systems became multibaggers (01:24:09) What the future holds for the AI trade
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive The Intrinsic Value Mastermind Community.
- Track The Intrinsic Value Portfolio.
- Learn more about how to join us in NYC for our Intrinsic Value Conference.
- Portfolio Review Submit Tool.
- Pitch on Google.
- Pitch on Reddit.
- Pitch on Crocs.
- Pitch on Amazon.
- Pitch on Remitly.
- Pitch on TSMC.
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16 August 2026, 12:00 am - More Episodes? Get the App